HOUSTON-Crown Castle International Corp. was the latest public tower company to release its second-quarter 2003 financial results. The company reported revenue of $224.2 million, down slightly from $225.5 million for …
SBA Communications
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BOCA RATON, Fla.-SBA Communications Corp. announced AAT Communications Corp. will purchase 122 towers in Wisconsin for $43 million, the last chunk of the 801 towers indicated in the purchase agreement …
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Wireless infrastructure association PCIA is gearing up for its first industry trade show since it narrowed its focus to the tower sector last fall, but tight travel budgets will not …
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Wireless tower industry stocks soared last week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …
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Wireless tower industry stocks soared this week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …
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BOCA RATON, Fla.-SBA Communications Corp.’s first-quarter 2003 results showed lower total revenues than the year-ago quarter, but the company’s highest-ever site leasing revenues, reflecting a continuing decline in the services …
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American Tower Corp.’s first-quarter 2003 results reflected a continued focus on its core rental and management operations and optimism in financial expectations for the latter half of 2003. The company …
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BOCA RATON, Fla.-SBA Communications Corp. has received a $195 million credit facility from GE Structured Finance and affiliates of Oak Hill Advisors Inc. to refinance the existing senior credit facility …
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BOCA RATON, Fla.-SBA Communications Corp. has received approval to amend its $300 million senior credit facility. With the amendment, the “going concern” qualification expected from auditors on its 2002 financial …
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BOSTON-Shares of American Tower Corp. hit a new 52-week high on Thursday, trading at $6.15 by mid-day. The company’s stock is up 72 percent since the end of 2002. Other …
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BOCA RATON, Fla.-With its stock still floating above $1 following last week’s announcement of its pending tower sale, SBA Communications Corp. has reported its fourth-quarter and year-end 2003 results. For …
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BOCA RATON, Fla.-Tower owner and operator SBA Communications Corp. said its chief financial officer John Marino will resign effective March 31, 2003. Merino will return to the banking industry, which …
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BOCA RATON, Fla.-SBA Communications Corp. has reaffirmed its fourth quarter financial guidance, which it plans to officially release March 24, 2003. SBA expects to record total revenues of $63.5 million …
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NEW YORK-The U.S. wireless tower industry is at least 18 to 24 months away from recovery, according to a recent report from Standard & Poor’s Rating Services. In its report, …
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NEW YORK-Tower company SBA Communications Corp. has been notified by The Nasdaq Stock Market Inc. that it may be delisted from the Nasdaq National Market because its Class A Common …
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BOCA RATON, Fla.-SBA Communications Corp. reported third quarter financial results in line with expectations. SBA’s total revenues were up from the year ago period by 64 percent to $67 million, …
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BOSTON-The four publicly traded tower companies received a much-needed boost from Wall Street this week, following tolerable carrier earnings and some financial announcements of their own. Third-quarter earnings announcements from …
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NEW YORK-Standard & Poor’s Ratings Services said late last week it has placed B-plus corporate credit ratings on American Tower Corp. and Crown Castle International Corp. and a B rating …
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BOSTON-Attempting to squelch rumors it will run out of cash, American Tower Corp. reaffirmed its total revenues for third quarter 2002. American Tower expects to report tower revenues in the …
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BOCA RATON, Florida, United States-Feeling financial pressure as wireless carriers continue to slash capital expenditures, wireless tower owner and operator SBA Communications has lowered its third-quarter guidance for earnings before …
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NEW YORK-Moody’s Investors Service has assigned a speculative grade liquidity rating of SGL-3 to tower owner and operator Crown Castle International Corp. Moody’s said that the company has “ample cash …
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BOCA RATON, Fla.-SBA Communications Corp. is going to reduce capital expenditures and new tower development activities in 2002, and suspend any material new investment for additional towers, the company said. …
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BOCA RATON, Fla.-SBA Communications Corp. reported strong results for the third quarter ended Sept. 30 with revenues of $63 million, an increase from the $45.4 million reported for third-quarter 2000. …
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BOCA RATON, Fla.-SBA Communications Corp. reported revenues for the third quarter ended Sept. 30 of $63 million, an increase from the $45.4 million reported for third-quarter 2000. The company reported …
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SAN JUAN CAPISTRANO, Calif.—Shorecliff Communications and RCR Wireless News announced the finalists for the 2001 Excellence in Business Awards, scheduled to take place Oct. 30 at the 2001 Tower Summit …
